In a purely economic sense, inflation refers to a general increase in price levels due to an increase in the quantity of money; the growth of the money stock increases faster than the level of ...

The study shows that the relationship between inflation, growth, and interest rates changes sharply across different economic conditions, making monetary policy far more effective in inflationary ...

Inflation is a term that often surfaces in economic discussions, but what exactly does it mean? At its core, inflation refers ...

The Fed held the Fed Funds Rate at 4.25-4.50%, citing solid labor market conditions and elevated inflation. Chair Powell emphasized a "wait and see" approach, highlighting "uncertainty" and "no need ...

The Federal Reserve has several tools to manage the money supply and keep the economy running smoothly. Learn how the central ...

We investigate the impact of high frequency monetary policy shocks in Brazil using daily data and Rigobon’ s identification via heteroskedasticity. We show that positive changes in interest rates ...

The debate over how far to cut interest rates while inflation remains above target has pushed inflation measurement back to ...

Learn the significance of a Fed pivot, when the Federal Reserve shifts its monetary policy, and how these changes affect the ...

In 2025 Alena Wabitsch won the ECB's Young Economist Prize with the research highlighted in this blog post. Applications for the 2026 Prize will be ...